Seplat Energy Plc, one of Nigeria’s leading independent oil and gas companies, has announced plans to drill 13 new oil wells in 2025 as part of its strategy to enhance production output and strengthen Nigeria’s energy security.
The company’s Chief Executive Officer, Roger Brown, revealed this during a press briefing, stating that the new wells will be developed across its existing oil fields in both onshore and offshore locations. According to Brown, the decision is part of Seplat’s ongoing commitment to increasing hydrocarbon output while leveraging innovative technologies to optimize extraction efficiency.
He noted that Seplat has been at the forefront of Nigeria’s indigenous oil exploration efforts, contributing significantly to the country’s crude oil reserves. The new drilling initiative is expected to not only bolster Nigeria’s daily crude production but also create employment opportunities for engineers, geologists, and technicians in the oil sector.
Furthermore, Seplat is working closely with regulatory bodies, including the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian National Petroleum Company Limited (NNPCL), to ensure adherence to environmental and operational standards.
This development comes amid Nigeria’s ongoing push to attract investments in the oil and gas sector, despite global concerns over fossil fuel dependency and the transition to renewable energy. Industry analysts believe that Seplat’s expansion strategy could help Nigeria maintain its position as one of Africa’s top oil producers while improving government revenues from petroleum exports.